SMMV
iShares MSCI USA Small-Cap Min Vol Factor ETF
The iShares Edge MSCI Min Vol USA Small-Cap ETF tracks an index of US-listed small capitalization stocks selected and weighted to create a low volatility portfolio, subject to constraints including sector exposure.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 278.3 M
ASSETS UNDER MGMT
20 bp
EXPENSES
Fund Basics
| Inception date | Sep 07, 2016 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PINNACLE WEST CAPITAL | 1.5 % |
| RENAISSANCERE HOLDINGS LTD | 1.4 % |
| OMEGA HEALTHCARE INVESTORS | 1.4 % |
| HANOVER INSURANCE GROUP INC/ | 1.3 % |
| OGE ENERGY CORP | 1.2 % |
| IDACORP INC | 1.2 % |
| AGREE REALTY CORP | 1.2 % |
| NEW YORK TIMES CO -CL A | 1.2 % |
| BJ'S WHOLESALE CLUB HOLDINGS, INC. | 1.1 % |
| CHEMED CORP | 1.0 % |
Constituent Breakdown
| Number of holdings | 330 |
| Herfindahl-Hirschman Index | 52 |
| Wgt avg mkt cap (mns) | $7,001 |
| Large cap (>$10bn) | 28.0% |
| Mid cap ($2-10bn) | 58.1% |
| Small cap (<$2bn) | 7.1% |
| Developed mkts. | 93.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 89.1 % |
 |
BERMUDA | 2.6 % |
 |
IRELAND | 1.0 % |
 |
CANADA | 0.7 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 2.7% | 3.3% | 4.4% | 10.4% | 3.7% | 6.1% | -- | 6.2% |
| Dividend Yield | 1.3% | 1.7% | 1.9% | 2.0% | 1.8% | 1.8% | -- | 1.8% |
| Total Returns | 4.0% | 5.0% | 6.3% | 12.4% | 5.5% | 8.0% | -- | 8.0% | Ann. Volatility | 9.2% | 9.2% | 12.0% | 12.0% | 13.4% | 15.6% | -- | 15.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.30 | 18% |
| MSCI EAFE | 0.27 | 22% |
| MSCI Emg Mkts | 0.07 | 4% |
Liquidity Measures
| Avg. volume (000) | 9 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.08% |
Technical Indicators
| 30d moving avg. (EMA) | $46.01 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.28/0.15 |
| Bollinger Bands (Upper/Lower) | $47.19/$44.53 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SMMV |
Expenses vs. SMMV |
ALTAR Score™ vs. SMMV |
|---|---|---|---|---|
| SIXL | ETC 6 Meridian Low Beta Equity ETF | 31.6% | +26 bp | +0.5% |
| FSMD | Fidelity Small-Mid Multifactor ETF | 31.4% | -5 bp | +0.8% |
| HSMV | First Trust Horizon Managed Volatility Small/Mid ETF | 29.7% | +60 bp | +0.5% |
| EZM | WisdomTree U.S. MidCap Fund | 28.6% | +18 bp | +1.9% |
| SQLT | iShares MSCI USA Small-Cap Quality Factor ETF | 27.9% | 0 bp | +0.6% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 27.9% | +3 bp | +0.2% |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 27.1% | -17 bp | +0.4% |
| IVOO | Vanguard S&P Mid-Cap 400 ETF | 27.0% | -13 bp | +0.2% |
| QVMM | Invesco S&P MidCap 400 QVM Multi-factor ETF | 27.0% | -5 bp | +0.4% |
| IJH | iShares Core S&P Mid-Cap ETF | 26.9% | -15 bp | +0.4% |
Risk and Returns: SMMV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/2/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.5%
ALTAR SCORE™
68th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,400 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. SMMV's ALTAR Score™ is approximately 0.5 standard
deviations above the category average. This places SMMV in the 68th percentile
among funds in the category.
Sell-Side Consensus
$54.65
PRICE TARGET
+16.8%
UPSIDE